FIA Industries just paid a dividend of $ 2.6 a share (i.e., D₀ = 2.6 ). The dividend is expected to grow 12 % a year for the next 3 years and then at 6 % a year thereafter. What is the expected dividend per share for year 6 (i.e., D ₆ )? Round your answers to two decimal places.

A stock expects to pay a year-end dividend of $2.00 a share (i.e., D₁ = $2.00). The dividend is expected to fall 5 percent a year, forever (i.e., g = -5%). The company's expected and required rate of return is 15 percent. Which of the following statements is most correct?

The company's stock price is $10.
	The company's expected dividend yield 5 years from now will be 20 percent.
	The company's stock price 5 years from now is expected to be $7.74.
	Both answers b and c are correct.
	All of the above answers are correct.